BTC dropped below $74,000 early in the morning, completely wiping out all gains since Trump's victory, returning to levels from April last year. In just 24 hours, over $700 million in long positions were precisely liquidated, leaving 160,000 people as collateral damage. The screen was filled with red, combined with tariff uncertainties and the so-called 'AI bubble burst' rhetoric, the current market sentiment is no longer panic, but 'despair'.
During this bearish market defense phase, many people have started to doubt: Is Web3 AI really a large Ponzi scheme?
I looked around the decline leaderboard, and those AI coins relying on airdrop expectations and PPT storytelling have dropped more severely than anyone else. This actually reflects the cruelest truth: most AI projects have no 'blood-making ability' at all; once liquidity dries up, they are just a pile of meaningless code.
But today I want to talk about a 'live logic' I discovered in this extreme fear, which is also the target I focused on after buying the dip on BNB: Vanar ($VANRY).
Why talk about it at this node? Because when the tide goes out, I find it is doing something that is enough to bankrupt that 99% of 'air AI' - it is establishing a real 'AI subscription business loop'.
Everyone knows that the current AI track has a huge pain point: no monetization, all relying on burning cash. Nvidia is making a fortune selling computing power, but how do on-chain AI projects make money? Who will foot the bill? If it only relies on issuing tokens to retail investors, this bubble is bound to burst sooner or later.
The solution provided by Vanar ($VANRY) is very 'traditional', yet extremely solid: subscription model.
Its myNeutron (data memory) and Kayon (audit engine) are no longer abstract concepts but are directly turning into a tool system based on $VANRY payments. This means:
Real buying pressure: Developers and enterprises want to invoke its on-chain memory function and achieve financial-grade auditing through its engine, so they must buy $VANRY with real money to consume.
Breaking away from gambling: This 'recurring income' allows the project to be no longer dependent on the secondary market's pump and dump, but instead has real 'protocol income'.
In simple terms, Vanar is turning AI into a kind of on-chain 'monthly rental service'.
In the macro environment of 2026, this is simply a dimensionality reduction attack. While other projects are still begging retail investors not to sell their tokens, @Vanar is starting to make companies actively buy tokens to use tools. This shift from 'gambling assets' to 'productive assets' is the core reason it has performed tougher than other altcoins in this crash.
I have always told my friends that buying the dip on BNB is trusting the Binance brand, while being optimistic about @Vanar is trusting its 'business bottom line'.
The current market is experiencing a painful 'de-bubbling'. If you haven't been washed out by the 2.5 billion liquidation these past two days, you must clearly see the upcoming trend: funds will flood into projects with real buying pressure, backed by major players (Google Cloud), and that can truly generate 'protocol income'.
Don't be brainwashed by those projects that just shout about computing power. Without native subscription logic and auditing infrastructure like $VANRY , AI will always be just a temporary worker in Web3.
Lastly, it should be said that BTC breaking below 74,000 does hurt, but if the chips in your hand are assets with 'subscription logic' and 'hardcore auditing', then the current washout is actually making room for the next real value explosion. #vanar
